Assembly Bill A7424

2011-2012 Legislative Session

Directs school districts to return moneys in certain reserve funds to the residents of the school district in the form of property tax relief

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

co-Sponsors

2011-A7424 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd ยง3651, Ed L
Versions Introduced in 2009-2010 Legislative Session:
A1910

2011-A7424 (ACTIVE) - Summary

Directs school districts to return moneys in certain reserve funds where there is a surplus to the residents of the school district in the form of property tax relief.

2011-A7424 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7424

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               May 4, 2011
                               ___________

Introduced  by  M.  of A. THIELE, McDONOUGH -- read once and referred to
  the Committee on Education

AN ACT to amend the education  law,  in  relation  to  directing  school
  districts  to  return moneys in certain reserve funds to the residents
  of the school district in the form of property tax relief

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  3651 of the education law is amended by adding a
new subdivision 10 to read as follows:
  10. NOTWITHSTANDING THE FOREGOING PROVISIONS OF THIS SECTION,  IN  ANY
SCHOOL  DISTRICT  WHERE  A RESERVE FUND MAY BE ESTABLISHED, EXPENDITURES
MAY BE MADE THEREFROM, MONEYS MAY BE PAID INTO SUCH  FUND,  ALL  OR  ANY
PART  OF SUCH FUND MAY BE LIQUIDATED IF THERE IS A SURPLUS, ALL PURSUANT
TO THE PROVISIONS OF THIS SECTION, EXCEPT THAT ANY SUCH  ACTION  MAY  BE
AUTHORIZED  OR  TAKEN BY THE BOARD OF EDUCATION OF SUCH SCHOOL DISTRICT,
WITHOUT APPROVAL OR  AUTHORIZATION  OF  THE  QUALIFIED  VOTERS  OF  SUCH
DISTRICT; PROVIDED, HOWEVER, THAT ANY SURPLUS MONEYS LIQUIDATED SHALL BE
DISTRIBUTED  TO THE RESIDENTS OF SUCH DISTRICT IN THE FORM OF REAL PROP-
ERTY TAX RELIEF.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10688-01-1

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.